Spirit of America Real Estate Inc&Gr Ins (SOIAX)
| Fund Assets | 73.30M |
| Expense Ratio | 1.30% |
| Min. Investment | $100,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 10.75% |
| Dividend Growth | -0.07% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 8.15 |
| YTD Return | -1.08% |
| 1-Year Return | 7.34% |
| 5-Year Return | 31.81% |
| 52-Week Low | 7.58 |
| 52-Week High | 9.87 |
| Beta (5Y) | n/a |
| Holdings | 105 |
| Inception Date | May 1, 2020 |
About SOIAX
Spirit of America Real Estate Income and Growth Fund is an open-end mutual fund focused on the real estate sector. Its primary objective is to provide investors with both current income and long-term capital growth. The fund achieves this by investing at least 80% of its assets in equity real estate investment trusts (REITs) and equity securities of companies operating within the real estate industry. It selects REITs and companies with established track records, emphasizing those whose stock prices are considered undervalued relative to their underlying real estate assets. The fund’s holdings span over 100 positions, with significant concentration in mid- and small-cap REITs, and its top ten holdings often account for nearly half of the portfolio’s value. In addition to equity REITs, the fund can also invest in mortgage-backed securities, investment-grade taxable municipal obligations, and master limited partnerships (MLPs), providing exposure to different facets of the real estate market. Semiannual distributions aim to deliver consistent income, while portfolio turnover remains relatively low. The fund is designed for investors seeking dedicated real estate exposure within a diversified equity portfolio, though it carries the risks inherent to sector concentration and interest rate sensitivity.
Performance
SOIAX had a total return of 7.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.46%.
Top 10 Holdings
47.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 7.43% |
| Equinix, Inc. | EQIX | 7.28% |
| Digital Realty Trust, Inc. | DLR | 5.60% |
| AvalonBay Communities, Inc. | AVB | 4.92% |
| Iron Mountain Incorporated | IRM | 4.58% |
| VICI Properties Inc. | VICI | 3.69% |
| Prologis, Inc. | PLD | 3.66% |
| Essex Property Trust, Inc. | ESS | 3.57% |
| Equity Residential | EQR | 3.52% |
| Public Storage | PSA | 3.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.4375 | Jun 30, 2025 |
| Dec 30, 2024 | $0.4398 | Dec 30, 2024 |
| Jun 28, 2024 | $0.4384 | Jun 28, 2024 |
| Dec 28, 2023 | $0.4395 | Dec 28, 2023 |
| Jun 30, 2023 | $0.4403 | Jun 30, 2023 |
| Dec 29, 2022 | $0.4409 | Dec 30, 2022 |